CJ M.
Why not take secured EIDL?
I've been approved for a pretty sizable secured loan. I read the terms, spoke with seasoned investors, and spoke with SBA. Unless I'm missing something, it seems that taking this loan is a no brainer. What am I missin...
Josh Russell
Top 5 litigation issues for income-producing property owners
http://www.danspapers.com/2015/07/top-5-lawsuits-affecting-income-producing-real-estate-owners/http://www.huffingtonpost.com/andrew-m-lieb/top-5-lawsuits-affecting-_b_7849444.html(both links same article)This article ...
William Orrock
Assist Protection, Insurence isn’t enough?
I went to an investor meet up and we met with a lawyer who was telling us that regular Insurence is not enough. He said that you want to have an LLC to protect your assets in case something was to happen related or n...
Lynn Berg
Hiring a Property Manager
We’re about to hire our first property manager. We’re reading over the contract and not sure if we need a lawyer or if the contact is a standard one. The property manager was recommended to me by a realtor/investor ...
Tony Gatto
Insurance on land sales contract
Hey... We are looking for some wisdom here as this technically our first land sales contract using our lawyer to draw up the paperwork.The buyer has a 5 year old daughter that is very cute and we love her to death (ou...
Lawrence Hopkins
contaminated property Legal
Found a 7 plex that had gas spilled on it several years ago. It was cleaned up and cleared by DEC but spill still under foundation and roads. Title has spill listed and says the lower unit can not be rented as residen...
Trevi Edwards
Property Preservation and Maintance
[b]Hello group my name is Trevi S. Edwards and i started a property preservation and management business after bird dogging for a few investors for a while and i need all the best info on REO properties and Foreclosur...
Collin Hays
I was just delivered a lawsuit yesterday
Well, not really. But I have been before. Now that I have your attention, I want to talk about your and my liability as property owners and what we can do to limit it.
The first order of business when you acquire...
James Qiu
Who pays for property damage caused by theft or vandalism?
I had a tenant told me someone tried to break into his house and broke the window. I inspected it and found no obvious signs of forced entry so I suspected it's either vandalism or one of the boys did it. So I told hi...
Joshua Zapin
Property Management Indemnification Standards
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/...